GIPS Study guides, Class notes & Summaries

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Central...

Why is water an important resource? What are some of the most important human uses of water? - Answer-- Water in the earth's atmosphere buffers temperature. This property of water makes life on earth possible. - Humans drink water, use it to clean themselves and other things we use, and use it to grow crops What is the name of the aquifer located on the Southern Great Plains that provides much of the drinking and irrigation water for our area? - Answer-Ogallala Aquifer What is the cash cr...

What is a wetland? What types of areas make up wetlands? - Answer--The term "wetlands" is difficult to define and causes some controversy because of the diversity of wetlands. -Typically wetlands are in a transition zone between uplands and permanently flooded, deep-water habitat. What are the five categories of wetlands and what are the characteristics of each? - Answer-- Marine Wetlands Ocean overlying the continental shelf and shoreline environments - Estuarine Wetlands Mouths of ri...

Sharon Fields, CFA, provides her two weeks' notice and prepares over the next two weeks to transition into her own business. She clears her personal computer of contacts and turns over all client records to her employer. Her contract requires a two-year waiting period before contacting clients located in her client file. After her final day with her employer, she updates her personal pages on social media sites and promptly receives several calls and inquiries for her services from former c...

CFA Level 1 Q&A Entire Exam + Explanation | Questions with 100% Correct Answers | Updated & Verified Sharon Fields, CFA, provides her two weeks' notice and prepares over the next two weeks to transition into her own business. She clears her personal computer of contacts and turns over all client records to her employer. Her contract requires a two-year waiting period before contacting clients located in her client file. After her final day with her employer, she updates her personal pages on s...

if you were fired from a previous job and fail to tell your new emmployer is that a violation and if so of what? CORRECT ANSWER yes, misconduct. this information could potentially harm your new employer and he needs to know man! degress of price discrimination CORRECT ANSWER 1st degree-- know price that every consumer is willing to pay. 2nd degree-- price varies according to quanity demanded. sellers aren't able to distinguish classes or consumers. third degree-- charging different prices to...

Sharon Fields, CFA, provides her two weeks' notice and prepares over the next two weeks to transition into her own business. She clears her personal computer of contacts and turns over all client records to her employer. Her contract requires a two-year waiting period before contacting clients located in her client file. After her final day with her employer, she updates her personal pages on social media sites and promptly receives several calls and inquiries for her services from former c...

CFA level1-Mock-120 Questions 1~18 Relate to Ethics ............................................................................................. 2 Questions 19~32 Relate to Quantitative analysis.................................................................. 8 Questions 33~44 Relate to Economics.................................................................................. 14 Questions 45~68 Relate to Financial Statement Analysis................................................... 18 Q...

CFA level1-Mock-120 2/44 Questions 1~18 Relate to Ethics 1. Correct answer: B. Members/candidates who possess material nonpublic information that could affect the value of an investment should not act or cause others to act on the information as stated in Standard II(A). Crux traded on the material information that Orca is about to be acquired by Cyber Kinetics. The information is non-public because it is not publicly available, which was verified when Crux researched Orca on the Interne...

CFA Level 1 Q&A Entire Exam + Explanation | Questions with 100% Correct Answers | Updated & Verified Sharon Fields, CFA, provides her two weeks' notice and prepares over the next two weeks to transition into her own business. She clears her personal computer of contacts and turns over all client records to her employer. Her contract requires a two-year waiting period before contacting clients located in her client file. After her final day with her employer, she updates her personal pages ...